25 August 2021
The Insurance Council of Australia second business interruption test case has been postponed for a week due to difficulties some policyholders have had in obtaining government data and expert evidence on COVID-19 outbreak details...
25 August 2021
Assetinsure has introduced the strongest family violence policy under requirements in the latest iteration of the General Insurance Code of Practice, but a number of firms need to make improvements, a Financial Rights Legal Centre desktop audit has found...
25 August 2021
The flood of regulatory reform about to wash up at the industry's door is the main focus of the latest Insurance News podcast...
24 August 2021
Cyber insurance premiums in Australia increased by up to 80% in the second quarter compared to the same period last year, and claims numbers are up by 50%, Marsh says...
24 August 2021
Panels to provide advice on the planned Northern Australian cyclone reinsurance pool are being tapped for regular input as Treasury keeps a tight hold on information as it works to deliver the project by the middle of next year...
24 August 2021
Johns Lyng Group today reported double-digit increases in full-year earnings, underpinned by strong performances from its core insurance building and restoration services arm...
24 August 2021
Chubb must payout an additional $225,420 after losing a claim dispute over the misappropriation of large sums over six years by a senior payroll officer...
20 August 2021
Steadfast underwriting agency Mansions of Australia has bought exclusive renewal rights to AIG’s home and contents portfolio for high and ultra-high net worth individuals...
20 August 2021
Suncorp CEO Steve Johnston has joined the Insurance Council of Australia board amid a number of changes announced today after the August meeting...
20 August 2021
The annual Mansfield Awards for Claims Excellence will take place on September 16, with the event being held online for the second successive year...
20 August 2021
Suncorp is pledging $1 million in grants to encourage remote, rural and regional communities in Australia to rebuild more resiliently in preparation for future disasters...
19 August 2021
Auto & General has won a dispute centring on the denial of an accident claim due to the driver’s undeclared criminal record, despite the insurer having details from a previously refused application for cover...
19 August 2021
Power company AGL is investing $3 million in Honey Insurance and offering the insurtech’s products to customers building a new home, or renting...
19 August 2021
Fast Cover Travel Insurance has taken out comparator Finder’s 2021 Best Insurance Innovation award while Upcover took this year’s honours for Best Insurtech Innovation...
19 August 2021
WorkSafe Victoria says two men caught separately receiving benefits from the workers’ compensation scheme while working will have to return more than $80,000 between them, after they pleaded guilty in court...
18 August 2021
The Insurance Council of Australia has proposed further changes to deferred sales model draft regulations, arguing rules hammered out after previous consultations are still unnecessarily sweeping up business clients and posing problems for buyers of boats and livestock...
18 August 2021
The National Insurance Brokers Association says it has “several concerns” with the proposed compensation scheme of last resort, including the failure to address the issue of “moral hazard”...
18 August 2021
A man who removed his Omega Constellation Co-axial 18 carat gold watch and hid it in his car to avoid unwanted attention while visiting a busy pie shop during an afternoon of sightseeing in NSW has lost a theft claim dispute with Lloyd’s...
18 August 2021
Steadfast's $400 million acquisition of Coverforce dominates discussion on the latest edition of the Insurance News podcast...
17 August 2021
A former Resilium authorised representative that had its agreement terminated following insurer concerns over motor policy details is claiming a breach of client portfolio obligations in a dispute before the NSW Supreme Court...